$WET ‌WET has been under strong selling pressure, sliding down from the earlier peak and now sitting around the 0.21 area. The short MAs are still pointing down, showing the market hasn’t flipped momentum yet. RSI and MACD both stay weak, which usually means sellers are still in control.

Here’s what I’m watching:

If the market holds above the recent low zone, we might see a short-term bounce as indicators cool off.

If the price breaks below the last wick low, another leg downward can open before it finds stronger support.

Momentum signals look exhausted, so the market may try to stabilize soon, but no clear reversal yet.

Future view:
I checked it with short-term trend, momentum signals and structural projections. Right now the path is still downward, but the market is nearing a point where a small recovery move becomes possible.